OAO Nizhnekamskneftekhim pays the coupon yield on NKNH-2012 (LPN) Eurobonds

On April 20, 2011 NKNK FINANCE PLC paid out the yield in the amount of 6 million 83 thousand and 640 US dollars to the holders of NKNH-2012 Eurobonds and redeemed 1/3 portion of the bond issue in the amount of 33 million 798 thousand US dollars as per the redemption schedule.

On November 3, 2009 OAO Nizhnekamskneftekhim exchanged a portion of NKNH-2015 Eurobonds for new NKNH-2012 Eurobonds for redemption in 2012 at coupon rate 12 per cent per annum. Coupon payments shall be made every six months. The date of final redemption shall be April 20, 2012. A specially established company NKNK FINANCE PLC (Ireland) became the issuer of the Eurobonds and Citibank is the arranger of the issue. The volume of NKNH-2012 Eurobond floatation was 101.394 million US dollars.

Our company never had any defaults in its business and the payments of coupon yields and the principal debt on all primary obligations were made in due time.